Woodmere, NY—11598
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Woodmere, NY
As of Oct '25, the median home price in Woodmere, NY is $1,293,000, with a year-over-year change of 6.5%. This indicates that home prices in Woodmere, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $1,293,000 | 6.5% |
| Single Family | $1,318,000 | 6.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $1,006,000 | 5.1% |
4 Bed | $1,221,000 | 5.5% |
| 5 Bed | $1,623,000 | 6.4% |
% of Housing Stock
Rental Trends — Woodmere, NY
As of July '25, Rentcast reports the average rent in Woodmere, NY is $4,640, with a year-over-year rent change of 0.4%. Per bedroom, the median rent as of July '25 in Woodmere, NY is studios: $2,140, 1-bedrooms: $2,510, 2-bedrooms: $3,220, 4-bedrooms: $7,000. The most common rental property sizes in Woodmere, NY are 3-bedroom and 1-bedroom, accounting for 26.5% and 26.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,860 | $4,640 |
| Studio Rent | $2,140 | $2,140 |
| 1 Bed Rent | $2,660 | $2,510 |
| 2 Bed Rent | $2,630 | $3,220 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | $7,000 | $7,000 |
% of Rental Stock
Property Listings — Woodmere, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Woodmere, NY is 75. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 11.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,500,000 | 2.0% |
Listing Count | 70 | 31.0% |
| Listings as % of Homes | 1.2% | 31.0% |
Days on Market | 75 | -1.0% |
Demographics — Woodmere, NY
As of the latest ACS Survey released in 2023, Woodmere, NY has a population of 14,300, which has increased by 4.4% over the past 5 years. Woodmere, NY is a popular place for families, as children make up 35.7% of the population. The area has a highly educated workforce, with 71.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 20.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,300 | 4.4% |
% Under 18 | 35.7% | 11.2% |
% Seniors | 13.5% | -15.1% |
% WFH | 20.3% | 181.9% |
% w/ College Degree | 71.1% | 14.3% |
As of the latest ACS Survey released in 2023, Woodmere, NY is a predominantly white area, with 82.0% of the population identifying as white. The white population has shrunk by 5.1% in the last 5 years. The second most common race or ethnicity in Woodmere, NY is hispanic, making up 8.2% of the population. Foreign-born residents account for 12.1% of the population in Woodmere, NY, and this percentage has increased by 1.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 82.0% | -5.1% |
% Black | 3.8% | 8.6% |
% Hispanic | 8.2% | 20.6% |
% Asian | 1.3% | -60.6% |
% Foreign Born | 12.1% | 1.7% |
Mortgage and Risk — Woodmere, NY
According to HUD data as of 2023, there were 146 mortgage originations in Woodmere, NY, of which 97.0% of loans were conventional mortgages. The average loan-to-value was 54.0%, with 5.0% above 90% LTV (normal). This implies small mortgage risk in Woodmere, NY. Investor activity is low, as 5.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 146 |
% Conventional Loans | 97.0% |
% Government Loans | 3.0% |
% Investor Loans | 5.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Woodmere, NY
Woodmere, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 15 |
Total Units Section 8 | 15 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 90.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$60 | $2,660 | $2,600 |
| 2 Bedroom | $370 | $2,630 | $3,000 |
| 3 Bedroom | N/A | N/A | $3,890 |
| 4 Bedroom | -$2,830 | $7,000 | $4,170 |
Affordability — Woodmere, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.9 |
| Median Home Price | $1,293,000 |
| Median Household Income | $182,000 |